PAYG.TO vs. SDAY.NEO

Last updated Jun 4, 2026

PAYG.TO (Brompton Global Equity HighPay ETF) and SDAY.NEO (Hamilton Enhanced U.S. Equity DayMAX™ ETF) are both exchange-traded funds - PAYG.TO is a Global Equity Income fund actively managed by Brompton, while SDAY.NEO is a Derivative Income fund actively managed by Hamilton Capital. Both are actively managed. At a 0.17 correlation, their price movements are largely independent.

Performance

PAYG.TO vs. SDAY.NEO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Brompton Global Equity HighPay ETF (PAYG.TO) and Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

PAYG.TO

• 1D: -0.94%
• 1M: 4.25%
• YTD: —
• 6M: —
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

SDAY.NEO

• 1D: 0.77%
• 1M: 3.97%
• YTD: 9.14%
• 6M: 6.59%
• 1Y: —
• 3Y*: —
• 5Y*: —
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

PAYG.TO vs. SDAY.NEO - Yearly Performance Comparison

	2026 (YTD)
PAYG.TO Brompton Global Equity HighPay ETF	18.04%
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	2.43%

Correlation

The correlation between PAYG.TO and SDAY.NEO is 0.17, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (All Time) Calculated using the full available price history since Apr 1, 2026	0.17

Return for Risk

PAYG.TO vs. SDAY.NEO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brompton Global Equity HighPay ETF (PAYG.TO) and Hamilton Enhanced U.S. Equity DayMAX™ ETF (SDAY.NEO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

Risk / return metrics aren't available yet — we need at least 12 months of trading data to calculate them.

Sharpe Ratios by Period

	PAYG.TO	SDAY.NEO	Difference
Sharpe Ratio (All Time) Calculated using the full available price history	6.88	1.39	+5.49

Drawdowns

PAYG.TO vs. SDAY.NEO - Drawdown Comparison

The maximum PAYG.TO drawdown since its inception was -3.03%, smaller than the maximum SDAY.NEO drawdown of -7.75%. Use the drawdown chart below to compare losses from any high point for PAYG.TO and SDAY.NEO.

Drawdown Indicators

	PAYG.TO	SDAY.NEO	Difference
Max Drawdown Largest peak-to-trough decline	-3.03%	-7.75%	+4.72%
Current Drawdown Current decline from peak	-2.32%	-1.27%	-1.05%
Average Drawdown Average peak-to-trough decline	-0.93%	-1.86%	+0.93%

Volatility

Volatility by Period

	PAYG.TO	SDAY.NEO	Difference
Volatility (1Y) Calculated over the trailing 1-year period	24.17%	11.55%	+12.62%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	24.17%	11.55%	+12.62%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.17%	11.55%	+12.62%

Dividends

PAYG.TO vs. SDAY.NEO - Dividend Comparison

PAYG.TO's dividend yield for the trailing twelve months is around 2.91%, less than SDAY.NEO's 16.28% yield.

Position	TTM	2025
PAYG.TO Brompton Global Equity HighPay ETF	2.91%	0.00%
SDAY.NEO Hamilton Enhanced U.S. Equity DayMAX™ ETF	16.28%	8.61%

Frequently Asked Questions

Can I hold both PAYG.TO and SDAY.NEO in my portfolio?

PAYG.TO and SDAY.NEO have a correlation of 0.17, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.

What is the main difference between PAYG.TO and SDAY.NEO?

PAYG.TO is categorized as Global Equity Income, while SDAY.NEO is Derivative Income. They also come from different issuers: Brompton and Hamilton Capital.